2013 Priority Initiatives March 19, 2013

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1 2013 Niagara County Economic Development Address 2013 Priority Initiatives March 19, 2013 Kathryn L. Lance, Chair Niagara County Economic Development Committee

2 1

3 WNY Regional Economic Development Council Tourism & Waterfront Development Agribusiness Development Commercial Development Industrial Development High-Tech Industries Business Growth & Retention Brownfields Redevelopment Industrial Parks and Shovel-Ready Sites Site Selection & Business Tracking Tools Marketing & Outreach Programs Niagara Falls International Airport Niagara Falls Air Reserve Station 2

4 WNY Regional Economic Development Council 3

5 WNY Regional Economic Development Council The Department of Economic Development will continue to take an active role in the Western New York Regional Economic Development Council. Monitor implementation of the Western New York Regional Economic Development Strategic Plan and participate in updates to the Plan. Advocate for funding for Niagara County projects already listed in the Plan as well as advocate for inclusion of future Niagara County projects in the Plan. Monitor New York State funding opportunities and provide guidance to municipalities on the State s Consolidated Funding Application (CFA) process. 4

6 Tourism & Waterfront Development 5

7 Tourism & Waterfront Development The Department of Economic Development will provide technical support for the first phase of the Erie Canal Flight-of-Five Locks Restoration. Phase I involves a $2.3 million restoration of Locks 69 and 70 and is scheduled to be bid in June Implementation of the Flight of Five Interpretation Plan is also scheduled to begin and will include signage, exhibits, and stone archways at each end of Canal Street. The Department will support Niagara River Greenway projects including projects that demonstrate connections with the Erie Canalway, Niagara Wine Trail, and Seaway Trail. The Department will continue to market Niagara County Sportfishing at conventions and tradeshows, touting the Hamlet of Olcott and Town of Newfane s designation as the 2012 Ultimate Fishing Town by the World Fishing Network. The Department will also continue to advocate for the sustainability of Niagara County s fisheries. 6

8 Agribusiness Development 7

9 Agribusiness Development The Niagara County Industrial Development Agency will focus on attracting more wineries to the Niagara Wine Trail and encourage wine trail tourism through its marketing efforts. The NCIDA will focus on attracting more agricultural operations to Niagara County; operations that build on the existing agricultural industry and increase agricultural production, like the H2Grow Greenhouses in the Town of Lewiston. The NCIDA will also focus on attracting more agribusinesses to Niagara County; businesses that create value-added goods from local agricultural products with an emphasis on the processing and packaging of fresh slices. In addition, the NCIDA and Department of Economic Development will continue to work with the owner of the former Pfeiffer food facility in the Town of Wilson to attract a tenant for that building. 8

10 Commercial Development 9

11 Commercial Development The Niagara County IDA will continue to promote hotel development. It will monitor renovation of the former Fallside Hotel & Conference Center and former Hotel Niagara in downtown Niagara Falls as well as the planned construction of a new Ramada Inn, Hampton Inn, Comfort Inn & Suites, and Microtel on Niagara Falls Boulevard in Niagara Falls. The NCIDA will also continue to promote its Opportunity Zones Program, actively marketing the program to new and existing businesses. It will update the inventory of available properties located within the Opportunity Zones and identify projects eligible for the program. 10

12 Industrial Development Sustainable Bioelectric Trek Industries 11

13 Industrial Development The NCIDA will monitor and provide support to close the Sustainable Bioelectric project in Wheatfield, creating $4 million in private investment and 7 new jobs. The NCIDA will monitor and provide support to close the Trek project in the City of Lockport, creating $5 million in private investment and 27 new jobs. The NCIDA will monitor and provide support to close the Covanta Niagara project in Niagara Falls, creating $30 million in private investment and 23 new jobs. 12

14 High-Tech Industries Yahoo! Data Center Globe Specialty Metals 13

15 High-Tech Industries The Niagara County IDA will create synergies and build critical mass around the information technology sector by attracting more companies to Niagara County like Yahoo!. The NCIDA will also create synergies and build critical mass around the greentechnology sector by attracting more companies to Niagara County like Globe Specialty Metals, Metaullics Systems, Ashland Advanced Materials, and Greenpac Mill 14

16 Business Growth & Retention Program 15

17 Business Growth & Retention Program The Department of Economic Development will continue to monitor major employers and companies such as the Niagara Falls Air Reserve Station, Delphi Technical Center, GM Components Holdings, Saint-Gobain, Globe Specialty Metals, Taylor Devices, International Fiber, and other major Niagara County employers. The Department will reach out to companies proactively and provide support as necessary to help them retain and/or expand operations in Niagara County including the creation and retention of jobs. The Department will endeavor to reach out to 70 Niagara County companies in The Department will also work proactively to retain jobs and expand missions at the Niagara Falls Air Reserve Station with support from the $300,000 Military Base Retention Grant secured from Empire State Development in

18 Brownfields Redevelopment 17

19 Brownfields Redevelopment The Department of Economic Development will continue site assessment and remediation work at contaminated properties throughout the County utilizing grant funding received from the U.S. Environmental Protection Agency. The U.S. Environmental Protection Agency intends to award a new $180,000 grant to Niagara County in 2013 to assist with the remediation of brownfield sites. The goal of the Niagara County Brownfields Program is to continue returning tax delinquent brownfield properties to the tax rolls and back into productive use. The Niagara County Brownfields Program will be promoted through various media outlets and quarterly newsletters. 18

20 Development & Marketing Shovel-Ready Sites Cambria Technology Park Niagara Airport Commercial Park 19

21 Industrial Parks and Shovel-Ready Sites The Department of Economic Development and Niagara County IDA will aggressively market newly designated New York State-certified shovel-ready development sites along with existing industrial and business parks located throughout Niagara County. Sites to be marketed include Cambria Technology Park, Niagara Airport Commercial Park, Vantage International Point, Town of Lockport Industrial Park, and others. These sites will be aggressively marketed with a focus on high-tech and advanced manufacturing operations. The Department of Economic Development will also pursue designation of additional New York State-certified shovel-ready sites in 2013! 20

22 Site Selection & Business Tracking Tools Niagara County Site Selection Service Niagara County Business Tracking Tool 21

23 Site Selection & Business Tracking Tools The Center for Economic Development is working with FastFacility.com to create a new online site selection service that will help businesses and developers better locate potential development sites. The tools will integrate seamlessly with the new Center for Economic Development website and will incorporate information on Niagara County s locational advantages. The Center for Economic Development will also be integrating new Business Tracking Tools into existing workflows for the Business Growth & Retention Program, NCIDA Marketing Program, and NCIDA incentive programs. In addition, the Department of Economic Development will be integrating live Pictometry and GIS mapping tools into the Niagara County Planning Board project review process. 22

24 90 80 Value of Overland Trade in the Buffalo-Niagara International Trade Gateway Source: Binational Economic and Tourism Alliance, 2010 Trade data obtained from Research & Innovative Technology Administration Bureau of Transportation Freight Data $U.S. Dollars (in billions) Imports Exports Total Trade Linear (Total Trade) (est.) 23

25 Marketing & Outreach Programs The Niagara County IDA recognizes that the Buffalo Niagara International Freight Transportation Gateway represents a total trade value of $81 billion in combined imports and exports. The Greater Toronto Area (GTA) is a key spot in which to market Niagara County s strengths. Niagara County s low cost of property coupled with available incentives have consistently attracted Canadian companies and the IDA will continue to utilize these strengths to recruit Canadian companies. The NCIDA will aggressively market in the GTA, further promoting specific sites and incentives through developer tours and personal outreach to companies. All major Canadian cities along Lake Ontario will be targeted in 2013 marketing efforts. 24

26 Marketing & Outreach Programs 25

27 Marketing & Outreach Programs The NCIDA will expand its presence at trade shows in the U.S. and Canada; partner with Canadian manufacturing associations and Canadian chambers of commerce; and join the Bi-National Alliance to promote Niagara County throughout Canada. The NCIDA will continue to be active within the development community through outlets such as the New York State Commercial Association of Realtors, National Association for Industrial and Office Parks, and local chambers of commerce. The NCIDA will continue to work with the Niagara Falls Central Business District (CBD) team on marketing and developing downtown Niagara Falls. The NCIDA will also conduct marketing and outreach within Niagara County via the NCCED newsletter, social networking sites, Strengthening Niagara blasts, Niagara County Economic Development Alliance, various business workshops and seminars, the 2013 Business Opportunities Familiarization Tour, and more. 26

28 Niagara Falls International Airport Development 27

29 Niagara Falls International Airport Development The Department of Economic Development and NCIDA will work with the Niagara Falls International Airport Stakeholders Group and the airlines servicing NFIA to develop tourism packages marketing Niagara Falls as a vacation destination for inbound passenger service. Both agencies will also market the Niagara Airport Commercial Park shovel-ready site adjacent to the airport for business development. The site will be marketed with a focus on attracting high-tech, air cargo, and/or logistics operations. The Department of Economic Development will monitor the Niagara Falls U.S. Army Reserve Center Site for conveyance to the Town of Niagara by the U.S. Government and will help market the site for development. The Department of Economic Development will utilize the $300,000 Military Base Retention Grant awarded by Empire State Development for retention and expansion of missions at the Niagara Falls Air Reserve Station. 28

30 THANK YOU! 29

31 In closing, the Niagara County Center for Economic Development is once again poised to contribute significantly to business development efforts in 2013 under the leadership of the Niagara County Legislature and the Niagara County Industrial Development Agency Board. In looking at the Center for Economic Development s 2013 Priority Initiatives, it s clear that the Department of Economic Development and NCIDA will not only continue to administer a number of successful programs, but will work to expand these programs as well as branch out into new programs and initiatives that enhance their overall economic development efforts. The relationship between the Department of Economic Development and the NCIDA is a formula for success; it is mutually beneficial, leverages efficiencies in use of resources, and results in a truly onestop-shop for economic development. The emphasis on making it easier for companies to do business in Niagara County is the biggest contributing factor to the success of the Center for Economic Development. Thank you for your time this evening. I am pleased to have the opportunity to share with you the 2013 Priority Initiatives of the Niagara County Center for Economic Development. 30